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12301 Central Ave NE, Suite 201 Blaine, MN 55434 Mobile (612) 850-5612 Tel (763) 235-7662 [email protected]
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- monday: 8:00AM – 5:00PM
- tuesday: 8:00AM – 5:00PM
- wednesday: 8:00AM – 5:00PM
- thursday: 8:00AM – 5:00PM
- friday: 8:00AM – 5:00PM
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- Purchase
- Refinance
Tim Nelson
- Branch Manager / Loan Officer
- Blaine, MN Mortgage Loan Officer
- NMLS #452487
I’ll be with you every step of the way
Welcome to my site! I’m Tim, and I’ve been helping individuals and families navigate the mortgage process since 1992. Based in Blaine, MN, I’m proud to work with America’s #1 Retail Mortgage Lender, guiding clients to achieve their homeownership dreams with expertise and care.
Over the years, I’ve learned that truly understanding your goals and priorities is key to finding the right mortgage solution. Whether you’re buying your first home, upgrading to your dream home, investing in property, or tackling a renovation project, I offer a variety of loan options—including FHA, VA, conventional, and jumbo loans—to suit your needs. Together, we’ll craft a plan tailored to your unique journey.
I believe communication is the cornerstone of a great experience. I’ll keep you informed every step of the way, answering questions and addressing concerns so you always feel confident and supported. From application to closing—and even after the keys are in your hand—I’m here to ensure your mortgage process is smooth and stress-free.
When I’m not working with my clients, I enjoy making memories with my wife and our three kids. I’m passionate about sports, especially hockey and golf, and love spending time outdoors fishing and hunting.
If you’re ready to take the next step in your homeownership journey, I’d be honored to help you make it happen.
Tim’s testimonials
Guides and resources
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How much will my mortgage payment be?
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, LLC product terms. The information cannot be used by CrossCountry Mortgage, LLC to determine a customer’s eligibility for a specific product or service.
Inspiration for your home loan journey
Frequently asked questions
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Refinancing costs typically range from 2% to 6% of the loan amount and include fees such as appraisal, title insurance, and closing costs. Factors like your loan type, location, and credit score can significantly impact these expenses. Our team can help to provide strategies that can help minimize costs.
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To determine how much home you can afford, you’ll want to assess your financial situation. This includes your income, expenses, and debt-to-income ratio, to ensure your mortgage fits comfortably within your budget. A general guideline is to spend no more than 28% of your gross monthly income on housing costs and 36% on total debt.
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A good credit score typically starts at 620 for conventional loans, while FHA and VA loans may accept scores as low as 500, though higher scores offer better terms. A strong credit score can help you secure lower interest rates, saving you significant money over the life of a home loan.
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A Home Equity Line of Credit (HELOC) is a revolving line of credit that allows homeowners to borrow against the equity in their home. HELOCs function like a credit card, giving access to funds up to a set limit, which can be used for expenses like renovations or debt consolidation. You only pay interest on the amount you borrow, and the repayment terms typically include a draw period followed by a repayment period.
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To calculate your mortgage payments, start with your loan amount, interest rate, and loan term. Your payment will depend on the interest charged over time and the repayment schedule. You can use a monthly mortgage payment calculator or connect with us to learn more.